Press release
Leading Growth Driver in the Sigmoidoscope Market in 2025: Rising Colorectal Cancer Prevalence Fuels Growth In Sigmoidoscope Market Driver's Influence
What Are the Market Size and Growth Forecast for the Sigmoidoscope Market?
In recent times, the market size for sigmoidoscopes has seen robust growth. The market, which was valued at $2.53 billion in 2024, is projected to swell to $2.69 billion in 2025, marking a compound annual growth rate (CAGR) of 6.4%. The significant growth during the historic period could be credited to factors such as the rising demand for portable diagnostic instruments, heightened focus on controlling infections, advancements in technology, growth of healthcare facilities, an increase in early diagnosis awareness, regulatory norms, and mergers and acquisitions among healthcare providers.
Predictions for the sigmoidoscope market size show significant growth in the coming years, with an estimated increase to $3.4 billion by 2029, reflected by a compound annual growth rate (CAGR) of 6.0%. The projected growth in this period is linked to the incorporation of state-of-the-art light emitting diode (LED) lighting technologies, sustainable materials usage, the boom in online retail channels, custom solutions for specific applications, advancements in battery technology, investment in comfortable designs, and a preference for rechargeable, wireless options. In terms of trending aspects in the projected period, there's an increasing focus on downsizing and reducing weight, integration with digital health platforms, the evolution of smart penlights equipped with sensors, the use of artificial intelligence (AI) and machine learning, an increase in telehealth services, a move towards disposable penlights, and exploitation of 3D printing for custom designs.
What Is Contributing to the Growth of the Sigmoidoscope Market?
The expected surge in colorectal cancer cases is predicted to bolster the sigmoidoscope market's expansion. Colorectal cancer, a cancer type that evolves in the colon and rectum*, is becoming more common due to an aging populace, inactive lifestyles, and poor dietary choices, such as high consumption of processed foods and insufficient fiber intake. The role of a sigmoidoscope is crucial in managing colorectal cancer as it allows medical practitioners to visually inspect the lower colon and rectum* for abnormal growths. This tool is indispensable for early detection, diagnosis, and removal of potentially cancerous growths, thus improving treatment results and survival statistics. For example, the American Cancer Society Facts and Figures reported an estimated rise in new colorectal cancer cases from 151,030 in 2022 to 153,020 in 2023 in the US. Therefore, as the incidence of colorectal cancer increases, it propels the growth of the sigmoidoscope market.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=18794&type=smp
Which Key Market Leaders Are Driving Sigmoidoscope Industry Growth?
Major companies operating in the sigmoidoscope market are McKesson Corporation, Henry Schein Medical, Olympus Corporation, Hill-Rom Inc, Karl Storz, PENTAX Medical Company, Heine Optotechnik GmbH & Co. KG, Williams Medical, Rocket Medical, Medline Industries Inc., Bioseal Inc., Horten Medical Pty Ltd, Stapleline Medizintechnik GmbH, Care Surgicals, Evexar Medical Ltd, Kashmir Surgical India Private Limited, Narayan Surgical, Pal Surgical And Medical, Parburch Medical, Sun Traders Ltd
What Are the Emerging Trends in the Sigmoidoscope Industry?
Leading firms in the sigmoidoscope market are concentrating on creating technologically advanced solutions like endoscopy systems. These systems aim to improve the color and texture of images and increase the viewing of lesions and polyps during endoscopic screening. These systems are devices used for inspecting the internal body organs and cavities, featuring a flexible tube with a light and camera that allows visualization on a monitor. For example, Olympus Corporation introduced its pioneering EVIS X1 endoscopy system in October 2023. This highly advanced system is designed to enhance the visualization of the gastrointestinal (GI) system for professionals, aiding them to diagnose and treat a range of GI disorders more efficiently. The EVIS X1 system has several groundbreaking imaging technologies intended to boost the identification of lesions and polyps.
What Are the Main Segments in the Sigmoidoscope Market?
The sigmoidoscope market covered in this report is segmented -
1) By Type: Flexible Sigmoidoscope, Rigid Sigmoidoscope
2) By Application: Diagnosis, Monitoring, Other Applications
3) By End User: Clinics, Hospitals, Diagnostic Centers, Gastroenterology Institutes, Ambulatory Surgical Centers, Other End Users
Subsegments:
1) By Flexible Sigmoidoscope: Single-Use Flexible Sigmoidoscope, Reusable Flexible Sigmoidoscope, High-Definition Flexible Sigmoidoscope, Disposable Flexible Sigmoidoscope
2) By Rigid Sigmoidoscope: Stainless Steel Rigid Sigmoidoscope, Plastic Rigid Sigmoidoscope, Single-Use Rigid Sigmoidoscope, Reusable Rigid Sigmoidoscope
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/sigmoidoscope-global-market-report
Which Geographic Area Leads the Sigmoidoscope Market?
North America was the largest region in the sigmoidoscope market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sigmoidoscope market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Sigmoidoscope Global Market Report?
- Market Size Analysis: Analyze the Sigmoidoscope Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Sigmoidoscope Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Sigmoidoscope Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Sigmoidoscope Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=18794
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
In recent times, the market size for sigmoidoscopes has seen robust growth. The market, which was valued at $2.53 billion in 2024, is projected to swell to $2.69 billion in 2025, marking a compound annual growth rate (CAGR) of 6.4%. The significant growth during the historic period could be credited to factors such as the rising demand for portable diagnostic instruments, heightened focus on controlling infections, advancements in technology, growth of healthcare facilities, an increase in early diagnosis awareness, regulatory norms, and mergers and acquisitions among healthcare providers.
Predictions for the sigmoidoscope market size show significant growth in the coming years, with an estimated increase to $3.4 billion by 2029, reflected by a compound annual growth rate (CAGR) of 6.0%. The projected growth in this period is linked to the incorporation of state-of-the-art light emitting diode (LED) lighting technologies, sustainable materials usage, the boom in online retail channels, custom solutions for specific applications, advancements in battery technology, investment in comfortable designs, and a preference for rechargeable, wireless options. In terms of trending aspects in the projected period, there's an increasing focus on downsizing and reducing weight, integration with digital health platforms, the evolution of smart penlights equipped with sensors, the use of artificial intelligence (AI) and machine learning, an increase in telehealth services, a move towards disposable penlights, and exploitation of 3D printing for custom designs.
What Is Contributing to the Growth of the Sigmoidoscope Market?
The expected surge in colorectal cancer cases is predicted to bolster the sigmoidoscope market's expansion. Colorectal cancer, a cancer type that evolves in the colon and rectum*, is becoming more common due to an aging populace, inactive lifestyles, and poor dietary choices, such as high consumption of processed foods and insufficient fiber intake. The role of a sigmoidoscope is crucial in managing colorectal cancer as it allows medical practitioners to visually inspect the lower colon and rectum* for abnormal growths. This tool is indispensable for early detection, diagnosis, and removal of potentially cancerous growths, thus improving treatment results and survival statistics. For example, the American Cancer Society Facts and Figures reported an estimated rise in new colorectal cancer cases from 151,030 in 2022 to 153,020 in 2023 in the US. Therefore, as the incidence of colorectal cancer increases, it propels the growth of the sigmoidoscope market.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=18794&type=smp
Which Key Market Leaders Are Driving Sigmoidoscope Industry Growth?
Major companies operating in the sigmoidoscope market are McKesson Corporation, Henry Schein Medical, Olympus Corporation, Hill-Rom Inc, Karl Storz, PENTAX Medical Company, Heine Optotechnik GmbH & Co. KG, Williams Medical, Rocket Medical, Medline Industries Inc., Bioseal Inc., Horten Medical Pty Ltd, Stapleline Medizintechnik GmbH, Care Surgicals, Evexar Medical Ltd, Kashmir Surgical India Private Limited, Narayan Surgical, Pal Surgical And Medical, Parburch Medical, Sun Traders Ltd
What Are the Emerging Trends in the Sigmoidoscope Industry?
Leading firms in the sigmoidoscope market are concentrating on creating technologically advanced solutions like endoscopy systems. These systems aim to improve the color and texture of images and increase the viewing of lesions and polyps during endoscopic screening. These systems are devices used for inspecting the internal body organs and cavities, featuring a flexible tube with a light and camera that allows visualization on a monitor. For example, Olympus Corporation introduced its pioneering EVIS X1 endoscopy system in October 2023. This highly advanced system is designed to enhance the visualization of the gastrointestinal (GI) system for professionals, aiding them to diagnose and treat a range of GI disorders more efficiently. The EVIS X1 system has several groundbreaking imaging technologies intended to boost the identification of lesions and polyps.
What Are the Main Segments in the Sigmoidoscope Market?
The sigmoidoscope market covered in this report is segmented -
1) By Type: Flexible Sigmoidoscope, Rigid Sigmoidoscope
2) By Application: Diagnosis, Monitoring, Other Applications
3) By End User: Clinics, Hospitals, Diagnostic Centers, Gastroenterology Institutes, Ambulatory Surgical Centers, Other End Users
Subsegments:
1) By Flexible Sigmoidoscope: Single-Use Flexible Sigmoidoscope, Reusable Flexible Sigmoidoscope, High-Definition Flexible Sigmoidoscope, Disposable Flexible Sigmoidoscope
2) By Rigid Sigmoidoscope: Stainless Steel Rigid Sigmoidoscope, Plastic Rigid Sigmoidoscope, Single-Use Rigid Sigmoidoscope, Reusable Rigid Sigmoidoscope
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/sigmoidoscope-global-market-report
Which Geographic Area Leads the Sigmoidoscope Market?
North America was the largest region in the sigmoidoscope market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sigmoidoscope market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Sigmoidoscope Global Market Report?
- Market Size Analysis: Analyze the Sigmoidoscope Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Sigmoidoscope Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Sigmoidoscope Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Sigmoidoscope Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=18794
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
